Is Contract Flying Permitted by NJ: Yes or No
#1
XOJET Citation X
Thread Starter
Joined APC: Mar 2005
Position: DO, Baker Aviation, Citation X
Posts: 323
Is Contract Flying Permitted by NJ: Yes or No
Question for my Netjet professionals, do your policies allow your pilots to pick up contract gigs on the side? I know it can be done on the slide but do you have any internal policies that state doing so is prohibitive by the company?
If so, is it related to ARG/WVYN requirements or just a company policy? Thanks in advance for your respectful reply. Cheers and fly safe.
If so, is it related to ARG/WVYN requirements or just a company policy? Thanks in advance for your respectful reply. Cheers and fly safe.
#3
XOJET Citation X
Thread Starter
Joined APC: Mar 2005
Position: DO, Baker Aviation, Citation X
Posts: 323
Thanks..when you say "they", is that NJ or the Wyvern folks? Will wait for those more knowledgeable to reply but thanks for kicking the discussion off.
#4
Speed, Power, Accuracy
Joined APC: Sep 2007
Position: PIC
Posts: 1,693
Question for my Netjet professionals, do your policies allow your pilots to pick up contract gigs on the side? I know it can be done on the slide but do you have any internal policies that state doing so is prohibitive by the company?
If so, is it related to ARG/WVYN requirements or just a company policy? Thanks in advance for your respectful reply. Cheers and fly safe.
If so, is it related to ARG/WVYN requirements or just a company policy? Thanks in advance for your respectful reply. Cheers and fly safe.
Once you have your authorization in hand, you have to report any flight time by the 5th of the following month and you cannot fly on the day prior to reporting for duty.
#5
I used to do a lot of contract flying with the company’s approval until 2018. You’ll find that it’s just not as lucrative to do contract anymore because our pilots are paid well enough that we should not have to contract. It’s nice to be paid very well and enjoy my days off.
It’s also not really as lucrative because you have to report the contract flying to the IRS. Let’s say you made $1000/day. After I paid self employment tax and federal taxes, I brought home about $650 without any protections.
I could work an extended day at NetJets, especially while I’m above my minimum of 10.0 and make an additional $148/hour. I have more 401k match and union protections such as as an industry leading no jeopardy fatigue policy. You’ll find that it’s much easier and beneficial to just work NetJets and enjoy your time off.
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It’s also not really as lucrative because you have to report the contract flying to the IRS. Let’s say you made $1000/day. After I paid self employment tax and federal taxes, I brought home about $650 without any protections.
I could work an extended day at NetJets, especially while I’m above my minimum of 10.0 and make an additional $148/hour. I have more 401k match and union protections such as as an industry leading no jeopardy fatigue policy. You’ll find that it’s much easier and beneficial to just work NetJets and enjoy your time off.
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#6
Speed, Power, Accuracy
Joined APC: Sep 2007
Position: PIC
Posts: 1,693
I used to do a lot of contract flying with the company’s approval until 2018. You’ll find that it’s just not as lucrative to do contract anymore because our pilots are paid well enough that we should not have to contract. It’s nice to be paid very well and enjoy my days off.
It’s also not really as lucrative because you have to report the contract flying to the IRS. Let’s say you made $1000/day. After I paid self employment tax and federal taxes, I brought home about $650 without any protections.
I could work an extended day at NetJets, especially while I’m above my minimum of 10.0 and make an additional $148/hour. I have more 401k match and union protections such as as an industry leading no jeopardy fatigue policy. You’ll find that it’s much easier and beneficial to just work NetJets and enjoy your time off.
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It’s also not really as lucrative because you have to report the contract flying to the IRS. Let’s say you made $1000/day. After I paid self employment tax and federal taxes, I brought home about $650 without any protections.
I could work an extended day at NetJets, especially while I’m above my minimum of 10.0 and make an additional $148/hour. I have more 401k match and union protections such as as an industry leading no jeopardy fatigue policy. You’ll find that it’s much easier and beneficial to just work NetJets and enjoy your time off.
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ASA points out, correctly, that contracting no longer has the same economic allure but it is an option if you want to meet the conditions.
#8
Yes it is. But you have to be approved by the company first. That is key. If you’re hired, you’re on probation for 12 months and can be terminated at will. You may easily find like most of us that you don’t need to fly contract anymore.
I saw you posted the same question to Flex. They don’t have a union and they have a completely different pay scale. If contract flying is more important to you, then Flex may be a better option to you. Our union has fought really hard to become the highest paying fractional provider out there. The APC pay scale fir NetJets doesn’t take into account the soft money you can receive.
The Wyvern/Argus audits shouldn’t be a factor for 91 contract flying. Those are 135 audits. Some management companies use them but it’s not required for straight 91. I’ve contracted for a lot of management companies and have always been able to navigate through them for 91 flying.
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